WHEN IS THE BEST TIME TO SELL A HOUSE?
Updated September 22, 2021 - Spring is always a reliable time to sell a property and most especially when there is a shortage of properties for sale and prices are at a record level.
A record low number of properties for sale puts pressure on purchasers to compete for the limited supply driving prices off the charts in many locations. This is a seller's market for sure.
Buyer inquiries have continued to surge throughout the Covid Alert Levels as they have been using the down time to search for properties and get their finances in order to purchase new homes, downsize, move regions or change jobs and lifestyles.
Longer settlement periods have become more common place to allow more time for vendors to find their new homes helping to alleviate pressure.
If the time is right for your circumstances, now is a very good time to be selling a property and comparing real estate agents to find the best can put you ahead of the game.
If you are in Auckland and are unsure about your Unitary Plan zone, get in touch, we can advise you about this quickly.
If you are planning now to sell your property, safeguard yourself by using a vetted real estate agent - it's a genuine free service.
ACCURATE REAL ESTATE APPRAISAL PARAMOUNT
A real estate appraisal sets the foundation for a property sale and if it's poorly researched in the economic climate of the day, you will be on the back foot from day one, possibly without even being aware of it.
Successful property sales in this market depend entirely on the competence of a real estate agent's forward thinking marketing, integrity, personal attributes, ability to manage various methods of sale and of greatest value, their negotiation skills.
Find out what a real estate appraisal is and what they should include.
GREATER CONFIDENCE IN VETTED PROPERTY AGENTS
Should you decide that now is a good time to sell your property, you can have greater confidence in real estate agents who have been put through a stringent vetting criteria. This frees you up to focus on preparing your house for sale and getting your ducks in a row.
Our vetting process throughout the last 11+ years has proven to achieve optimum sale prices, within short time frames, at any time of year. Read our reviews.
There are always home buyers for the usual reasons such as getting onto the property ladder, downsizing, up-sizing, upgrading, changing jobs to new locations, births, deaths, building new, cashing up investment properties, wanting a warmer home or being closer to family, especially since Covid-19.
If you would like to get some appraisals to compare, request a shortlist now or call 0800 789 532
SEASONAL PROS AND CONS OF SELLING A HOUSE
- Cold New Zealand winters can motivate people to up-spec to insulated homes and winter/spring is often the time when they start looking.
- Autumn and winter often have fewer houses for sale and therefore less competition from other properties.
- Insulation and the need for a warmer, dryer home often sees buyers actively looking to buy a house in Winter/Spring.
- February and September can often have more buyer activity, although the downside is that with so many people listing at this time there are more properties competing with yours.
- Summer is considered the best time to sell a holiday home as holiday makers are out and about travelling.
- Summer can be a good time to sell a lifestyle block with drier ground underfoot and brighter greenery.
The upshot is that houses sell all year round, so the best time is really when it suits you.
DO IT ANYTIME, BUT DO IT DILIGENTLY
If you need to sell your house to move on, just do it - but do it diligently.
Here at Agent Finder NZ we have been tracking and monitoring real estate listings for a decade. Our research shows that properties that end up listed for sale a second time around are not selling because of the time of year but instead, the lack of sale stemmed from things such as being un-prepared, choosing an unsuitable real estate agent or lack of information to assist with due diligence.
If you need any advice get in touch now or call 0800 789 532 - we're here to help.
Article updated September 22, 2021 by Trish Willis